Shares of the Dow Industrials member rose 2% in extended trading on the earnings and revenue beat.

Nike said it earned $685 million, or 76 cents per share, last quarter, compared with $866 million, or 73 cents per share, a year earlier. Analysts had called for more modest EPS of 72 cents.

Revenue rose 13% to $6.97 billion, topping the Street’s view of $6.81 billion. Gross margins ticked up to 44.5% from 44.2% thanks to higher average prices and growth in the higher margin direct-to-consumer business.

Nike reported currency neutral futures orders growth of 14% as of the end of February, exceeding the Street’s view of 11.8%. North American futures orders were up 9%, compared with estimates for 10.6%.

Emerging market futures orders soared 24% as of the end of the third quarter, compared with 30% in Western Europe and 13% in Central and Eastern Europe. Orders were down 3% in Greater China and off 1% in Japan.